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Supervisors discuss expanding senior exemptions and new 100% veteran exemption under state chapter amendment
Summary
Real property staff briefed the committee on possible local adoption to raise senior/disabled property tax exemptions and on an incoming state chapter amendment that would make a 100% veteran exemption mandatory for narrowly defined qualifying veterans.
Real property staff briefed supervisors on two related tax-exemption issues: a local option to increase the senior/disabled exemption from its current level (previously up to 50% at lowest income level) toward the state maximum (now expressed as a dollar figure at higher income thresholds), and a recently enacted state chapter amendment that will make a 100% exemption mandatory for certain…
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